FOI backs owners and managers in defensible businesses with competitive barriers and growth opportunities that generate equity appreciation opportunities through distribution growth, services broadening, product expansion, or bolt-on acquisitions.
Our Investment Criteria
COMPANY SIZE - Revenues greater than $10 million and EBITDA between $2 and 10 million
FOCUS AREAS - Operators, manufacturers, distributors or servicers of engineered products, industrial equipment or commercial services
END MARKETS - Commercial and industrial
STRUCTURE - majority or minority investments in management buyouts, business recapitalizations and growth capital situations
TENURE - We partner with managers to make long term investments in business-focused growth and capital appreciation situations
We will review investments in different end markets based upon a clear understanding of the investment thesis supporting the proposed investments.
We avoid investments in SAAS, TMT, or SOFTWARE
“I’ve known Mark for 20 years and value his business judgment and insight on investing in smaller, middle-market commercial and industrial companies. ”